BP To Pay Massive Fine, More To Come
By: Commodity HQ
Crude oil juggernaut British Petroleum ( BP ) is still reeling from the 2010 Deepwater Horizon spill that made headlines in early 2010. Last week, the company agreed to accept criminal responsibility for the disaster that took the lives of 11 workers and “to pay $4.5 billion in fines and restitution, the biggest penalty ever levied by the U.S. Justice Department” writes Tom Fowler . But the troubles will not end there, as the company will appear before a federal judge in February to face what could be an astronomical financial penalty [for more crude oil news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: A Deeper Look At Iran’s Commodity Industry 13 Commodity Earnings You Can’t Afford to Miss Stocks to Buy For Hyperinflation Top 5 Global Oil Stocks by Market Cap Want Juicy Dividend Yields? Buy the Top Five Commodity Megacaps
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here